Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

Ethical Economics and Community Building

4 Jun 2025 · 1 min

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Short interview excerpt from a June 4, 2025 YouTube video by Richard Canfield titled "Ethical Economics and Community Building." Speaker reflects on running Overflow Coffee, emphasizing a mantra of ethical economics and community building, and recounts financial lessons: surprise at taxes and processing fees ("Uncle Sam" and credit card companies always wanting money), learning the financial system, and pivoting from coffee to advising on money to pursue ethical economics.

Chapters

When you look back at Overflow Coffee, what do you wish you had known about money that you now teach clients every day?
Our mantra with Overflow was about the ethical economics and community building. We build a community of people that are making a difference with their finances. A couple of things that I would say that in running that business is Uncle Sam. And your credit card companies, they never show up to work, ever. And they always want money. And you're like, holy crap, how much am I paying in processing fees and all these taxes? And I'm like, I'm not getting anything. And so learning the financial system, this is why I'm still a person of I want to change the world. I want to make a difference. Why I went from coffee ethical economics to money is because I still think there's ethical economics that we should be going after.